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      HTX to Launch PrimePool #50 on August 23! Lock $HTX, SUN to Share 3,075,030 MODE Tokens

      HTX's logo HTX

      Dear HTX Users,

      HTX's 50th round of PrimePool is scheduled to commence on August 23, 2024 (UTC). Participants will have the chance to share in a generous prize pool of 3,075,030 MODE tokens by locking their $HTX, SUN.

      APP: View Now>>

      WEB: View Now>>

      Event Period:

      Warm-up Period: 09:00 (UTC) on August 23, 2024 - 12:00 (UTC) on August 23, 2024

      Mining Period: 12:00 (UTC) on August 23, 2024 - 12:00 (UTC) on September 2, 2024

      Event Rules:

      Token

      10-day Mining Reward

      Minimum Lock Limit

      Maximum Lock Limit

      Term

      $HTX

      3,075,030 MODE*70%

      156,250,000 $HTX

      No upper limit

      Flexible

      SUN

      3,075,030 MODE*30%

      15,650 SUN

      No upper limit

      Flexible

      • Snapshots of your locked assets and the total locked assets of all participants will be taken once every hour to calculate the mining rewards. The rewards will be sent to your Spot account right after the calculation.
      • During the event's warm-up period, you have the option to pre-lock your assets. If you enable pre-locking, you will get the reward for the first hour after locking your assets for an hour once the mining period starts. However, if you pre-lock your assets during the warm-up period but unlock them before the mining period starts, you will not be eligible to receive any rewards.
      • One hour after the event's mining period starts, you will get the previous hour's reward in the next hour after locking your assets for an hour. If you unlock your assets prematurely during the event, you will not be eligible to receive any rewards for the hour when your assets are unlocked.

      Here are two illustrations for your reference:

      • The event starts at 20:00:00, and User A locks $HTX between 20:00:00 and 21:00:00. When the mining rewards are calculated at 21:00:00, User A will become eligible to receive their rewards.
      • The event starts at 20:00:00. User B locks $HTX at 20:00:00 and unlocks it at 20:55:00. When the mining rewards are calculated at 21:00:00, User B will not receive any rewards due to locking the token for less than an hour.

      Rewards:

      • The rewards for the event are in MODE tokens. The amount of the hourly reward you receive is subject to the actual amount of $HTX you locked for an hour.

      • Reward calculation:

      If you mine with $HTX only, your hourly mining reward = your effective locked amount of $HTX / total effective locked amount of $HTX of all participants * 3,075,030*70%/10/24) MODE.

      Terms & Conditions:

      • Participants are required to complete the level 1 KYC verification.
      • HTX reserves the right to the final decision on all aspects of the event and has the right to disqualify any participants who are found to be involved in any cheating behaviors.

      HTX

      August 23, 2024

      Trade on the go with HTX App (iOS/Android)

      Sign up for a HTX Account to get Special Rewards!

      Refer friends to unlock Mystery Boxes and earn 30% lifetime commission!

      Find us on

      Twitter:

      https://x.com/htx_global

      https://twitter.com/htxfutures

      Facebook: https://www.facebook.com/htxglobalofficial/

      Instagram: https://www.instagram.com/htxglobalofficial/

      Reddit: https://www.reddit.com/r/HuobiGlobal/

      Medium: https://htxofficial.medium.com/

      Telegram:

      https://t.me/htxglobalofficial

      https://t.me/htxglobalofficial_2

      https://t.me/HTXGlobalAnnouncementChannel

      https://t.me/HTXFutures_en

      Discord:

      https://discord.gg/htx-official

      HTX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and HTX makes no recommendations or guarantees in respect of any virtual asset, product, or promotion on HTX. Prices of virtual assets are highly volatile and trading virtual assets involves risk. Please read our Risk Reminder text here.

      Read the original article at huobipro

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